Chapter Eight, "Irrational Exuberance", p. 165.
“
We generally did not talk about the stock market very much at the Fed.
— Alan Greenspan
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "We generally did not talk about the stock market very much at the Fed." in the context of "Chapter Eight, "Irrational Exuberance", p. 165." to mean that wisdom is timeless.
Source: Wikiquote: "Alan Greenspan" (Quotes, 2000s, The Age of Turbulence (2008))
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Alan Greenspan
Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.
About Alan Greenspan
Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.
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